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  1. Newsletter 419 - 05/04/2024

    Newsletters

    pct. In this context, the government's announcement on Friday of an increase in the minimum wage could not have come soon enough for Mitsotakis. The gross minimum wage is now 830 euros, up from 780 euros. This is the fourth increase in the minimum wage in recent years, with 560,000 workers

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  2. Newsletter 430 - 05/07/2024

    Newsletters

    to pay of up to 115 pct of the daily wage if workers are required to work during public holidays... for hourly wages and comparing them to the EU average and wage developments in other EU countries.... It is estimated that in the 2015-2023 period the real wage per worker in Greece has dropped by almost 10 pct

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  3. Newsletter 432 - 06/09/2024

    Newsletters

    of this anomaly can be seen in the government’s own argument regarding the recent rises in the minimum wage from... agreements, and, in this context, the minimum wage rises are limited to the roughly 600,000 workers eligible, which means they have not cascaded to other sectors with higher income scales via new wage

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  4. Finance Ministry's defence of economic record highlights area of policy weakness
    Photo by MacroPolis

    EconomyMacroeconomy

    own argument regarding the recent rises in the minimum wage from 650 to 850 euros. During the MoU era..., the minimum wage rises are limited to the roughly 600,000 workers eligible, which means they have not cascaded to other sectors with higher income scales via new wage negotiations. Opinion polls have shown

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  5. Newsletter 441 - 15/11/2024

    Newsletters

    crisis are lasting. The average real gross wage per full-time employee in 2022 in purchasing parity... are included the average real wage shows a small improvement of roughly 3 pct. The study also finds.... In the context of the consultations for the new minimum wage setting mechanism, data from INE GSEE

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  6. OECD report underlines sobering reality of economic recovery
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    . The average real gross wage per full-time employee in 2022 in purchasing parity terms finds Greece... real wage shows a small improvement of roughly 3 pct. The study also finds that Greece is a complete... of the consultations for the new minimum wage setting mechanism, data from INE GSEE, the research arm of Greece’s

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  7. Bank tax proposal spearheads PASOK attack on government's economic policy
    Photo by Giannis Papanikos/Fosphotos

    Economy

    an amendment during the debate on the Labour Ministry’s bill about the new minimum wage mechanism. PASOK... is tightly linked with Greece’s poor showing in all EU related wage data in terms of purchasing power... to rises in the minimum wage. However, higher brackets have barely moved as collective sector agreements

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  8. IMF's Article IV consultation notes progress, reiterates low long-term growth outlook
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    but remain persistent in services due to wage growth. As RRF funding expires, GDP growth may slow..., geopolitical tensions, and wage-driven inflation. However, accelerated structural reforms could improve long... for healthcare and education while avoiding excessive pension and wage increases. Tax policy should

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  9. Government touts stricter migration controls in bid to win back right-wing support
    Photo via @YlvaJohansson

    PoliticsGreek Politics

    practices he was referring to and how they would comply with international law. Minimum wage The other... in the statutory minimum wage. Leaks suggest the PM will announce a rise of 50 euros, or 6 percent, taking the minimum monthly wage to 880 euros from April 1. The government feels

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  10. Newsletter 457 - 28/03/2025

    Newsletters

    to the minimum wage and a tougher line on migration. Mitsotakis presided over a cabinet meeting on Wednesday, when Labour Minister Niki Kerameus confirmed that the minimum wage would increase from 830 to 880.... Mitsotakis is hoping to follow up on the increase to the minimum wage, which has risen by more than 30 pct

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